The Fibonacci sequence was introduced by the 13th century mathematician Leonardo Fibonacci, and the mathematical relationships between the numbers in this sequence created the ratios that became the key Fibonacci ratios. These percentage levels represent important points in the market, and when applied to price charts, Fibonacci levels can be used as a proxy forFind out the support and resistance levels, and even set the opening, stop gain and stop loss levels.。
Methods of Operation
Usually the line is drawn between the highest and lowest point of a trend.
Common Recall Level - 38.2%/50%/61.8%
The market is so quiet and there is no trading volume, you must practice your skills, it will come in handy when the bull market rises. In fact, currency trading is not only about futures, it is also about spot trading. As long as you have enough knowledge, you have better buy and sell points, you will not be affected by the market trend, and you can help maximize your profit.